Sydney’s Kirribilli Harbour: for those wanting views to die for

Sydney’s Kirribilli is known for its harbour and city views and new apartment developments in the suburb are taking full advantage.

The new Kirribilli Harbour boutique development.

Sydney’s Kirribilli is known for its harbour and city views and it’s these two attributes which are ­attracting buyers to two new apartment developments in the prime suburb.

About $26m worth of apartment sales have already been ­negotiated at the new Kirribilli Harbour boutique development to buyers hailing from McMahons Point and Sydney’s upper north shore, with a further $50m worth of apartments under contract priced at $23m and $28m.

Of the nine full-floor apartments on offer, two have already sold — a $17m apartment and an $8.5m unit, according to marketing agent Ben Stewart of SRM Residential, who says the highest priced sale was struck at $94,000sq m, an apartment ­record for the suburb.

The boutique apartment project, to be developed and built by Made Property, comprises of whole-floor apartments of two and three bedrooms apiece, each with two car spaces, right on Sydney Harbour. The apartment sizes range from 170sq m to 270sq m.

Fronting 75 Kirribilli Avenue and to be constructed across two buildings, the remaining apartments start from $9m for a two-bedroom unit and two car spaces with a study. Work is expected to start in July with a 24-month construction time frame.

Made Property director Davin Finn said he was attracted to the Kirribilli site due to its location. “The opportunity to be able to ­develop and build something truly special is an incredible once-in-a-lifetime opportunity,” he said.

“This site allows Made Property to fully showcase our vision, which is to create beautiful homes in incredible locations, and not many locations are this incredible. Kirribilli is such a special pocket of Sydney, which has not seen any new development for quite a long time.”

But, the entrepreneur is not finished with Kirribilli yet, admitting he recently purchased ­another site in the suburb and is currently preparing a development application for 18 two- and three-bedroom apartments.

The apartments will sport views of the Harbour Bridge.

“Each project is so unique,” Mr Finn said. “Luxury projects allow us to really explore architecture and design. We are able to push the design and architecture and allow it to very specifically and purposefully respond to its context and location.

“Being both a developer and builder, the outcomes can be pushed even further by our construction team, who are extremely motivated by challenging projects and designs that allow us to innovate and construct bespoke projects full of design details, technology and craftsmanship.” The Kirribilli Harbour development will offer a total of seven three-bedroom apartments and two two-bedroom apartments.

The key selling point, apart from the large balconies, are the panoramic views of Sydney Harbour and the Harbour Bridge which will never be built out, according to Mr Stewart.

Most apartment buyers are successful business people or downsizers, or young professionals in the IT business.

“People have brought their ­decision forward to purchase ­because of the uniqueness of this offering and the absolute harbour frontage,” Mr Stewart said.

Made Property has previously developed the Corsa project in Sydney’s Mortlake, comprising apartments and marina berths, as well as the Crenelle project in Neutral Bay, The Isles in Drummoyne and Shoreline, Manly.

An outdoor area at the Kirribilli Harbour development.

Ennen & Co designed Kirribilli Harbour’s interiors and the ­exterior was by Architecture: EM BE CE. Meanwhile, in Kirribilli’s Waruda Street, luxury real estate agent Oliver Stillman of Colliers is marketing a fully funded block of seven apartments ranging in price from $15m to $65m without any presales.

Construction is already under way on the apartment block, which is expected to take 12 months to complete, with strong local and expat inquiry according to Mr Stillman.

All 240sq m full-floor apartments have three bedrooms plus a study nook. The large two-level penthouse has an additional sitting area, a plunge pool and a rooftop barbecue area.

Mr Stillman, an associate ­director of Colliers, said the beauty of the apartments fronting 20-22 Waruda Street was they were on the high side of the street and, because they occupied full floors, they had no neighbours.

The apartments were designed by Nettleton Tribe with funding by Qualitas.